UK Islamic FinTech panel launched with leading Islamic Finance and FinTech practitioners aiming to position London as a leading global centre for Islamic FinTech
Chaired by Harris Irfan, MD Cordoba Capital, a recognised authority on Islamic Finance
Launched in London with a quarterly schedule of meetings
London: An independent group of Islamic Finance and FinTech practitioners will this week convene the inaugural meeting of the UK Islamic FinTech panel. The panel aims to create momentum in the Islamic FinTech sector by building on London’s leading position as a global FinTech hub and as a recognised centre for Islamic Finance.
The panel will be chaired by Harris Irfan, MD of Cordoba Capital, an Islamic Finance and Islamic FinTech advisory boutique. Irfan was previously CEO of Deutsche Bank's Islamic Finance subsidiary, Global Head of Islamic Finance at Barclays and Head of Investment Banking at Rasmala Group. He is widely recognised as one of the world's leading authorities on Islamic Finance.
A recent white paper on the Islamic Finance sector, published by Cordoba Capital and IslamicBanker, promoted the idea of an Islamic FinTech panel as a means to build a community to work alongside existing public sector infrastructure in order to provide support to sharia-compliant FinTech companies.
The Islamic FinTech Landscape published in September 2017, by RedMoney Group found that of the approximately 103 Islamic FinTech firms globally, 16 were founded in the UK, making it the second largest hub for Islamic FinTech after Malaysia, a strong basis for future growth of the sector in the UK.
In its first year the UK Islamic FinTech Panel will seek to:
identify the challenges in the sector
explore tangible avenues to overcome these
build cohesion in the community
promote the Islamic FinTech sector
drive the policy agenda
Commenting on the launch of the panel, Irfan said, "I am delighted to be chairing this important panel. Islamic Finance has so much potential, which hasn't yet been realised. I firmly believe the disruptive power of FinTech combined with the real economy, ethical dimension of Islamic Finance can unlock enormous potential in our economy, to the benefit of people of all faiths and none."
The founding members of the panel will be as follows:
Harris Irfan, MD, Cordoba Capital (Chair)
Shaikh Badr Al-Hasan, Chairman, Insure Halal
Iqbal Asaria, Associate, Afkar Consulting
Abdul Haseeb Basit, Co-Founder and Principal, Elipses
Richard de Belder, Advisory Board Member, UKIFC
Stella Cox, MD, DDCAP
Wayne Evans, Adviser, TheCityUK
Ashley Freeman, CEO and Partner, Gateway Law
Hussain Kanji, Managing Partner, Hoxton Ventures
Irfan Khan, Founder and CEO, Yielders
Muneer Khan, Partner, Simmons & Simmons
Nyra Mahmood, MD, Simply Sharia HC
Daniel Morgan, FinTech Sector Specialist, Department of International Trade
Tariq Munif, Partner, Monument Partners
Shakeeb Saqlain, CEO, IslamicBanker
Natalie Schoon, Prinicpal Consultant, Fromabb
Shaykh Haytham Tamim, Director and Founder, Shariah Solutions
Junaid Wahedna, CEO, Wahed Invest
Lawrence Wintermeyer, Co-Founder and Principal, Elipses
Tom Woolf, Founder and CEO EdAid/Qard Hasan
Attendees with observer status are as follows:
Arshadur Rahman, Manager, Bank of England
Robert Ward, Deputy Director Global Financial Markets, HM Treasury
-Ends-© Press Release 2018
Chaired by Harris Irfan, MD Cordoba Capital, a recognised authority on Islamic Finance
Launched in London with a quarterly schedule of meetings
London: An independent group of Islamic Finance and FinTech practitioners will this week convene the inaugural meeting of the UK Islamic FinTech panel. The panel aims to create momentum in the Islamic FinTech sector by building on London’s leading position as a global FinTech hub and as a recognised centre for Islamic Finance.
The panel will be chaired by Harris Irfan, MD of Cordoba Capital, an Islamic Finance and Islamic FinTech advisory boutique. Irfan was previously CEO of Deutsche Bank's Islamic Finance subsidiary, Global Head of Islamic Finance at Barclays and Head of Investment Banking at Rasmala Group. He is widely recognised as one of the world's leading authorities on Islamic Finance.
A recent white paper on the Islamic Finance sector, published by Cordoba Capital and IslamicBanker, promoted the idea of an Islamic FinTech panel as a means to build a community to work alongside existing public sector infrastructure in order to provide support to sharia-compliant FinTech companies.
The Islamic FinTech Landscape published in September 2017, by RedMoney Group found that of the approximately 103 Islamic FinTech firms globally, 16 were founded in the UK, making it the second largest hub for Islamic FinTech after Malaysia, a strong basis for future growth of the sector in the UK.
In its first year the UK Islamic FinTech Panel will seek to:
identify the challenges in the sector
explore tangible avenues to overcome these
build cohesion in the community
promote the Islamic FinTech sector
drive the policy agenda
Commenting on the launch of the panel, Irfan said, "I am delighted to be chairing this important panel. Islamic Finance has so much potential, which hasn't yet been realised. I firmly believe the disruptive power of FinTech combined with the real economy, ethical dimension of Islamic Finance can unlock enormous potential in our economy, to the benefit of people of all faiths and none."
The founding members of the panel will be as follows:
Harris Irfan, MD, Cordoba Capital (Chair)
Shaikh Badr Al-Hasan, Chairman, Insure Halal
Iqbal Asaria, Associate, Afkar Consulting
Abdul Haseeb Basit, Co-Founder and Principal, Elipses
Richard de Belder, Advisory Board Member, UKIFC
Stella Cox, MD, DDCAP
Wayne Evans, Adviser, TheCityUK
Ashley Freeman, CEO and Partner, Gateway Law
Hussain Kanji, Managing Partner, Hoxton Ventures
Irfan Khan, Founder and CEO, Yielders
Muneer Khan, Partner, Simmons & Simmons
Nyra Mahmood, MD, Simply Sharia HC
Daniel Morgan, FinTech Sector Specialist, Department of International Trade
Tariq Munif, Partner, Monument Partners
Shakeeb Saqlain, CEO, IslamicBanker
Natalie Schoon, Prinicpal Consultant, Fromabb
Shaykh Haytham Tamim, Director and Founder, Shariah Solutions
Junaid Wahedna, CEO, Wahed Invest
Lawrence Wintermeyer, Co-Founder and Principal, Elipses
Tom Woolf, Founder and CEO EdAid/Qard Hasan
Attendees with observer status are as follows:
Arshadur Rahman, Manager, Bank of England
Robert Ward, Deputy Director Global Financial Markets, HM Treasury
-Ends-© Press Release 2018
